Welcome to our dedicated page for Data I.O. news (Ticker: DAIO), a resource for investors and traders seeking the latest updates and insights on Data I.O. stock.
Data I/O Corp (DAIO) delivers mission-critical programming solutions for secure electronics manufacturing across automotive, IoT, and industrial sectors. This news hub provides investors and industry professionals with centralized access to the company's latest developments and strategic milestones.
Track official press releases covering product innovations, financial results, and partnership announcements. Our curated collection includes updates on security provisioning advancements, manufacturing process optimizations, and global market expansions relevant to DAIO's operations.
Key content categories include quarterly earnings disclosures, technology patent updates, executive leadership changes, and industry recognition announcements. All materials are sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of DAIO's progress in flash memory programming and microcontroller security solutions. Regularly updated content supports informed decision-making for stakeholders tracking electronics manufacturing innovation.
Data I/O Corporation (NASDAQ: DAIO) released its financial results for the fourth quarter of 2022, reporting net sales of $7.3 million, up 14% year-over-year. Bookings reached $6.8 million, the highest for a fourth quarter since 2019, with a backlog of $4.8 million. The company achieved a gross margin of 55.5% and net income of $510,000, or $0.06 per diluted share. For the full year, 2022 net sales totaled $24.2 million, a decrease of 6% from 2021. The company highlighted strong performance in automotive electronics, with 61% of bookings for the year, and expects double-digit bookings growth in 2023.
Data I/O Corporation (NASDAQ: DAIO) has expanded its services in Japan through its exclusive sales partner, Noa Leading Co., Ltd. The partnership introduces the SentriX Deployment Platform, which enables OEMs to implement security provisioning for IoT devices. This capability addresses the growing demand for secure products in the IoT market, allowing manufacturers to define security profiles at the chip level before production. The service is effective immediately and enhances Noa Leading's established programming services, leveraging their existing infrastructure to deliver scalable and cost-effective solutions to OEMs of all sizes.
Data I/O Corporation (NASDAQ: DAIO) has announced a conference call to discuss its financial results for Q4 2022, scheduled for February 23, 2023, at 2 p.m. PT. The company will release its financial results after market close on the same day. Investors can join the call by dialing 412-317-5788 or accessing a webcast on the Data I/O website. A replay will be available until March 9, 2023. The company has a longstanding reputation for innovative solutions in the electronics sector, aiding in the secure deployment of devices across various industries while navigating challenges like supply chain disruptions.
Data I/O Corporation (NASDAQ: DAIO) has announced significant enhancements to its LumenX programming platform and ConneX Service software aimed at improving production efficiency for automotive grade Universal Flash Memory (UFS) devices. The introduction of VerifyBoost enables rapid verify performance up to 750 MBps, achieving a 4.5x performance increase and reducing total programming costs by up to 39%. The ConneX Service facilitates integration with Manufacturing Execution Systems (MES), enhancing factory efficiency and traceability. These innovations will be showcased at the IPC APEX Expo from January 24-26 in San Diego, California.
Data I/O Corporation (NASDAQ: DAIO) celebrates its 50th anniversary with an interview series featuring President and CEO Anthony Ambrose. The final installment highlights the company's innovations and future opportunities in data programming and security solutions. Ambrose discusses achievements like over 430 PSV automated programming systems sold, the SentriX® security platform, and the transition to recurring revenue, aiming for 50% in 3-5 years. Industry trends forecast increased demand for automotive semiconductors, enhancing growth prospects for Data I/O.
Data I/O Corporation (NASDAQ: DAIO) announced its participation in two upcoming investor conferences in December 2022. Anthony Ambrose, President and CEO, will present at these events:
- December 7: Ladenburg Thalmann Virtual Technology Expo 2022
- December 8: Singular Research’s Best of the Uncovered Conference in San Francisco
Investors can access the presentations via the respective conference platforms, with a live webinar option available for the Singular conference. For more details, visit Data I/O's website.
Data I/O Corporation (NASDAQ: DAIO) reported strong financial results for Q3 2022, with net sales of $7.2 million, up 7% year-over-year. Bookings reached $7.1 million, the highest for this quarter in five years. Gross margin was 57%, and net income was $847,000 or $0.10 per share. The company also had a backlog of $4.9 million, the highest in a decade. Key developments include the launch of VerifyBoost technology, which enhances programming speed for automotive applications. Cash reserves stood at $11 million with no debt, indicating solid financial health.
Data I/O Corporation (NASDAQ: DAIO) announces a major enhancement to its LumenX platform for automotive-grade UFS devices, introducing VerifyBoost technology. This advancement achieves up to 4.5x improvement in programming speed and reduces programming costs by 39%. The platform supports speeds up to 750 MBps, addressing the forecasted tripling demand for automotive semiconductors over the next eight years. Existing customers can upgrade their systems, maximizing current investments without needing new equipment.
Data I/O Corporation (NASDAQ: DAIO) has released the latest interview with CEO Anthony Ambrose, discussing insights on Industry 4.0 and smart factory systems. The interview, available on their website, highlights the company's technological advancements in programming solutions and security measures. Key topics include the Factory Connectivity Interface, Data I/O’s Automotive First Strategy, and the impact of their solutions on supply chain efficiency and product security. The interview is part of a fireside chat series leading up to the company’s 50th anniversary.
Data I/O Corporation (NASDAQ: DAIO) announced a conference call to discuss its financial results for Q3 2022, scheduled for October 27, 2022, at 2 p.m. PT. The financial results will be released after market close on the same day. Investors can listen to the call by dialing 412-317-5788, with a replay available until November 10, 2022, using access code 1626055. The call will also be webcasted on Data I/O's website. The company emphasizes its role as a leading provider of secure data deployment solutions in various sectors including automotive and IoT.
